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Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Leasing activities:        
Operating leases $ 793 $ 828 $ 1,651 $ 1,719
Direct financing leases       3
Gain on sales of lease assets 45 41 79 72
Other revenue 1   1  
Total revenues 839 869 1,731 1,794
Expenses:        
Depreciation of operating lease assets 14 74 76 151
Amortization of initial direct costs     1  
Asset management fees to Managing Member 33 33 68 64
Vessel maintenance   2   21
Railcar maintenance 129 95 217 285
Cost reimbursements to Managing Member and/or affiliates 109 68 233 133
Other management fees 24 14 49 49
Railcar storage fees 8 10 14 19
Professional fees 41 34 86 124
Outside services 34   71  
Insurance 10 12 20 21
Provision for (reversal of) credit losses 1   (6)  
Taxes on income and franchise fees   3 1 10
Printing and photocopying 9   14 4
Freight and shipping 1 3 5 15
Brokerage fees 2 2 4 4
Bank charges 1   4 2
Dues & subscriptions 1 1 3 3
Property taxes 4 1 6 1
Other 20 16 42 37
Total expenses 441 368 908 943
Net income 398 501 823 851
Net income:        
Managing Member
Other Members 398 501 823 851
Net income $ 398 $ 501 $ 823 $ 851
Net income per Limited Liability Company Unit (Other Members) $ 0.03 $ 0.04 $ 0.06 $ 0.06
Weighted average number of Units outstanding 13,560,188 13,560,188 13,560,188 13,560,188